Multiple suppliers selection using the PROMETHEE V method
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10236286" target="_blank" >RIV/61989100:27510/17:10236286 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Multiple suppliers selection using the PROMETHEE V method
Original language description
A supplier selection problem is a common topic of many research studies. It is a typical problem of multi-criteria decision-making in practice. The aim of such studies is usually to choose the best (optimal) solution, to sort the suppliers into some classes or to find the non-dominated set of alternatives. This paper is devoted to the problem where a decision-maker (company) chooses a portfolio of suppliers to cover all his/her supply needs. It is shown here that it is insufficient to take the ranking of suppliers and to select the first few in order. The problem is solved by the PROMETHEE V method, which is a unique combination of the outranking method of multi-attribute decision-making and mathematical optimisation (first, the rankings of alternatives is found using the PROMETHEE II method, and then the optimal portfolio is selected based on that ranking using the integer programming). The problem is demonstrated on a numerical example at the end of the paper.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Mathematical Methods in Economics: MME 2017 : 35th international conference : book of abstracts : Hradec Králové, Czech Republic, September 13th-15th, 2017
ISBN
978-80-7435-678-0
ISSN
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e-ISSN
neuvedeno
Number of pages
6
Pages from-to
854-859
Publisher name
Gaudeamus
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Sep 13, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000427151400146